14 DAY TRIAL // Having just finished introducing the new Velox solid-state drives, Silicon Power has shown that it is still very much alive and kicking.
That doesn't mean it is performing at its best though, not compared to previous years.
According to Digitimes, NAND Flash device and DRAM product maker Silicon Power Computer & Communications suffered a drop in revenues during January-March 2013.
That was expected, to an extent, since Q1 is always the slow season, but the drop was larger than that of 1Q12 too.
For those who want the numbers, revenues were of NT$1.69 billion / $56 million / 43 million Euro.
March accounted for NT$595 million US $20 million / 15 million Euro.
Still, Silicon power expects healthy profits thanks to gains in inventory value (NAND Flash chips have gotten more expensive lately).
This is also why it still hopes for a positive revenue and profit growth for 2013 as a whole. Now it just has to hope its USB flash drives, memory cards and SSDs work well.